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Description
Imprice serves as a pricing automation platform built on a SaaS model, designed specifically for both online and offline retailers. Our platform harnesses the power of artificial intelligence to enhance revenue and gross margin effectively. With a commitment to transparency, we enable users to adopt various pricing strategies by merging rule-based competitive pricing with AI-fueled price optimization that adapts to market demand. This demand sensing capability empowers retailers to swiftly and accurately address any environmental shifts, including unexpected changes. Additionally, our prebuilt API facilitates seamless and rapid system integrations, ensuring that the connection between Imprice and your ERP system, accounting software, website, or mobile app can typically be established within a two-week timeframe. Ultimately, you desire a pricing system that can instantly and precisely respond to fluctuations in demand and the pricing tactics of competitors, ensuring that you remain competitive and profitable in a dynamic market landscape. By leveraging our innovative tools, retailers can maintain agility and responsiveness in their pricing strategies.
Description
Retailers and online merchants face a variety of shared obstacles, including excess inventory and the challenge of setting optimal prices influenced by factors like inventory worth, market competition, seasonal trends, and consumer attitudes. To address these issues, NextOrbit has created advanced technology that leverages artificial intelligence and machine learning to assist sellers in determining the best pricing strategies for their products. This innovative solution features several key elements: the NextOrbit PriceMind platform, which utilizes AI and machine learning to enhance pricing decisions, ultimately boosting both profits and sales; the NextOrbit DemFor tool, which improves demand forecasting for more efficient inventory turnover; and the NextOrbit PriceEye platform that tracks competitor pricing, providing timely alerts about their pricing strategies as frequently as desired. By integrating intelligent demand forecasting with a blend of machine learning and human insight, NextOrbit effectively merges the strengths of both approaches, while also accounting for the influence of local events on market dynamics. This comprehensive system not only optimizes pricing strategies but also enhances overall business performance by ensuring that retailers are well-equipped to respond to changing market conditions.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Imprice
Website
imprice.ai/
Vendor Details
Company Name
NextOrbit
Founded
2014
Country
India
Website
www.nextorbit.com/en/
Product Features
Pricing Optimization
Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning
Product Features
Pricing Optimization
Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning